Customs collects over N2tr in 3 years

The Nigeria Customs Service (NCS) said that it has collected a total of N2.5trillion between the period…

Experts say Trump’s govt may lead to increased China-Nigeria trade 

  With the possibility of restricting exports from China, an American government led by Donald Trump…

Stakeholders predicts further decline in Customs revenue in last quarter 

As the year gradually winds up with less than 6 weeks to go and given the…

U.S. shipping stocks soar on Donald Trump’s victory 

U.S. shipping stocks from dry bulk ship owners to tanker companies have soared since Donald Trump…

Six seafarers kidnapped from Vietnamese bulker in southern Philippines 

Six seafarers have been kidnapped from a Vietnamese bulker sailing in the southern Philippines. The ReCAAP…

Chinese boss gets suspended death sentence over Tianjin blast 

China’s Tianjin courts have meted out a suspended death sentence to the head of a Chinese…

Expert advises FG against floating national carrier without provision for adequate cargo

Former Director-General of the defunct Nigeria Maritime Authority (NMA), John Egesi has advised the federal government…

Ailing Daewoo Shipbuilding to get $2.4bn from creditors  

Creditors of the financially-troubled Daewoo Shipbuilding & Marine Engineering (DSME) plan to financially support the South…

Canada a step closer to removing cargo ship wreck  

The Canadian authorities have taken a step toward the permanent removal of the general cargo vessel Kathryn Spirit…

Hyundai Merchant Marine, Korea Line bid for Hanjin Shipping’s Asia-US business  

Hyundai Merchant Marine (HMM) and Korea Line have submitted final bids for the Asia – US…

Oil prices slip as OPEC, IEA data underscores crude glut 

Oil prices slipped on Friday as the market refocused on a persistent supply overhang that is…

Troops invade militants’ hideout in Niger Delta

Troops have been massively deployed in the creeks of the Niger Delta to hunt down militants…